Online Gambling Myths vs. Facts
Myth: The online gambling industry is a major tool for money laundering.
Due to negative connotations tied to gambling that have been dragged until our times people believe that anyone who gambles is working with easy money and engaging in unlawful money laundering activities.
Fact: The online gambling industry has evolved for a few centuries and it is now subject to audits and regulations related to fraud and unlawful activities that all online casinos must pass. Online casinos conduct a thorough investigation on suspicious money transfers that have resulted in accounts seizures and legal investigations.
The times when gambling was used for money laundering are behind us, yet the accusations stick around. As an affiliate it is often hard to explain what your job consists of, all I’m saying is: Can a brother for once not get smothered!?